Loading chat...
IN HB1365
Bill
Status
1/22/2013
Primary Sponsor
Edmond Soliday
Click for details
AI Summary
-
Clarifies that Lake County's 5% innkeeper's tax applies to room rentals of less than 30 consecutive days by the same party in the same room, and authorizes agents of the county treasurer to collect the tax and exercise related powers
-
Creates a local matching grant fund to receive 11.67% of the first $1,200,000 in annual innkeeper's tax revenue (excluding Gary transfers), which can only be distributed for major destination events that generate substantial hotel/restaurant visitation or positive regional exposure
-
Eliminates previous distributions to specific municipalities based on population for convention facility marketing and tourism/economic development projects
-
Expands permitted use of tax revenue transferred to Purdue University-Calumet from nursing education programs only to all education programs
-
Removes requirements that the Lake County convention and visitor bureau submit its budget to the Department of Local Government Finance and county auditor, and removes restrictions limiting bureau fund usage to events within the county only
-
Effective January 1, 2014
Legislative Description
Lake County innkeeper's tax.
Last Action
First reading: referred to Committee on Ways and Means
1/22/2013